Latest News on private equities market

Exxon Mobil scores win in New York climate change lawsuit

Exxon Mobil scores win in New York climate change lawsuit

Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate change regulation.



6 years ago
UK: New Peer to Peer Lending Rules Kick in on December 9th: “A Watershed Moment for P2P”

UK: New Peer to Peer Lending Rules Kick in on December 9th: “A Watershed Moment for P2P”

Crowdfund Insider | JD Alois | Dec 10, 2019 New peer to peer lending rules come into effect on Monday, December 9th. The new rules were the result of a review by the UK Financial Conduct Authority (FCA). The UK largely created the entire sector of peer to peer lending. One of the most prominent

6 years ago
House Democrats propose eliminating $10,000 limit on state and local tax deductions

House Democrats propose eliminating $10,000 limit on state and local tax deductions

The year is winding down, and legislators in blue states are still fired up over the $10,000 cap on the state and local tax deduction. A new bill aims to eliminate the limitation on this write-off.

6 years ago
Trump's Dec. 15 China tariffs threaten a long list of Christmas favorites

Trump's Dec. 15 China tariffs threaten a long list of Christmas favorites

U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.



6 years ago
Corporate venture capital deals hit new record as banks invest in fintech competitors

Corporate venture capital deals hit new record as banks invest in fintech competitors

CNBC | Kate Rooney | Dec 10, 2019 Key Points Investments by financial services firms into start-ups hit a new record in this year, according to a new report by CB Insights. Total corporate venture capital deals by banks and other financial services firms have surged 500% from 2014 through the third quarter of 2019. Citi

6 years ago
If you miss this year-end retirement deadline, you'll face a 50% tax

If you miss this year-end retirement deadline, you'll face a 50% tax

If you've been holding off on the required minimum distribution from your individual retirement account or 401(k) plan, you're getting more than coal in your stocking this year. In fact, you can expect a 50% tax from the IRS. What you should know.

6 years ago
Exxon found not guilty in New York climate-change securities fraud trial, ending 4-year saga

Exxon found not guilty in New York climate-change securities fraud trial, ending 4-year saga

Exxon Mobil is found not guilty in the case brought against the oil giant by New York's attorney general.

6 years ago
Cashin: Traders wary of positive trade reports after getting their 'heart broken time and time again'

Cashin: Traders wary of positive trade reports after getting their 'heart broken time and time again'

"The market is somewhat skeptical of where we're going," says UBS' Art Cashin, echoing comments made earlier Tuesday by CNBC's Jim Cramer.

6 years ago
Bei­jing Launches Fin­tech Reg­u­la­tory Sand­box with Cen­tral Bank Back­ing

Bei­jing Launches Fin­tech Reg­u­la­tory Sand­box with Cen­tral Bank Back­ing

China Banking News | Dec 5, 2019 Bei­jing Launches Fin­tech Reg­u­la­tory Sand­box with Cen­tral Bank Back­ing The Bei­jing mu­nic­i­pal gov­ern­ment has an­nounced the launch of a new pi­lot scheme for fin­tech reg­u­la­tion. On 5 De­cem­ber the Bei­jing mu­nic­i­pal fi­nan­cial reg­u­la­tor an­nounced via its of­fi­cial web­site that Chi­nese cap­i­tal was “tak­ing the lead in launch­ing fin­tech in­no­va­tion

6 years ago
Watches of Switzerland scopes out further acquisitions in U.S

Watches of Switzerland scopes out further acquisitions in U.S

Watches of Switzerland is considering buying more stores in the United States and predicted on Tuesday that luxury watch demand will hold up in the U.S. and Britain, where it has just bought four shops from Fraser Hart.



6 years ago
AFL-CIO labor union endorses USMCA trade deal

AFL-CIO labor union endorses USMCA trade deal

The major AFL-CIO labor union on Tuesday said it was endorsing the U.S.-Mexico-Canada trade agreement after working with lawmakers and members of President Donald Trump's administration to make changes to the proposal first introduced in 2017.



6 years ago
'There's a deal:' Mexico says USMCA trade pact to be signed Tuesday

'There's a deal:' Mexico says USMCA trade pact to be signed Tuesday

Canada, Mexico and the United States have reached an agreement on a new North American free trade deal and they will sign it on Tuesday, but the pact still needs the approval of U.S. and Canadian lawmakers, Mexico's president said.



6 years ago
House Democrats claim victory in revamping U.S.-Mexico-Canada trade pact

House Democrats claim victory in revamping U.S.-Mexico-Canada trade pact

U.S. House Democrats on Tuesday claimed victory in negotiating changes to a U.S.-Mexico-Canada trade agreement to ensure better protection for workers, the environment and remove key provisions that they said would have benefited big pharmaceutical companies.



6 years ago
Boeing deliveries halved in first eleven months of 2019

Boeing deliveries halved in first eleven months of 2019

Boeing Co delivered less than half as many planes in the first eleven months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets.



6 years ago
Exxon Mobil prevails in New York climate change lawsuit

Exxon Mobil prevails in New York climate change lawsuit

A judge on Tuesday ruled in favor of Exxon Mobil Corp in a lawsuit brought by New York state accusing the oil company of hiding from investors the true cost of addressing climate change.



6 years ago